Mainebiz

November 27, 2023

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F U L L C O N T E N T S O N PA G E 4 F O C U S P H O T O / J I M N E U G E R B A N K I N G / F I N A N C E / I N S U R A N C E 24 On the move A roundup of noteworthy management hires at Maine banks and credit unions. 28 Pitch-comp cash Maine has a number of pitch competitions, so we asked victorious startups what they did with their winnings. Andrew Silsby, president and CEO of Kennebec Savings Bank, says his bank has incurred $21,000 in check fraud losses so far this year. $3.50 November 27, 2023 VO L . X X I X N O. X X V I I www.mainebiz.biz No. 2927 November 27, 2023 $ 15 Franklin Street Portland, ME 04101 Keeping fraud in check maine banks combat rising wave of check fraud B y R e n e e C o r d e s S TA R T I N G O N PA G E 1 8 F O C U S B A N K I N G / F I N A N C E / I N S U R A N C E

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